openPR Logo
Press release

Smart Mining Market : Digital Revolution to Transform the Mining Sector

09-15-2017 07:45 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Smart Mining Market : Digital Revolution to Transform the Mining

This Future Market Insights (FMI) report examines the ‘Smart Mining market for the period 2015–2020. The primary objective of the report is to offer updates on the advancements in ICT and embedded systems that have given rise to a futuristic technology: the smart mining, which is significantly transforming mining operations.

Smart mining refers to the integrated Information and Communications technology (ICT) solutions for the entire supply chain of the mining industry, enabling efficient connectivity among supervisors, workers, and technicians to allow optimal production and recovery with least or no wastages at any level with safer and environmental friendly nature. Mining industry is shifting towards faster, safer and more perfect production techniques. Additionally, cost cutting strategy has provided competitive edge and encouraged organizations to adopt new technologies, which ensures improved operations and output both in quality and quality.

Browse The Report: https://www.futuremarketinsights.com/reports/smart-mining-market

In the next section, FMI covers the Global Smart Mining market performance in terms of Global Smart Mining revenue split, since this is detrimental to growth of the Smart Mining market. This section additionally includes FMI’s analyses of the key trends, drivers and restraints from the supply, demand and economy side, which are influencing the Global Smart Mining market. Impact analysis and latest technological trends opportunity assessment is included in the Global Smart Mining market report to better equip and arm clients with crystal clear decision-making insights.

The primary focus of the following sections to analyse the Global Smart Mining market by adoption among mining companies; the primary segment covered under the scope of the report are automated equipment and component uptake among mine operators. A detailed analysis has been provided for every level of segment and sub-segment in terms of Market Value Forecast.

As highlighted earlier, Global Smart Mining is an aggregation of automated equipment (including driller & breaker, load haul dump, mining excavator and other equipment) and component (including hardware, solution and service). All these sub-segments are included in this section to make the study more comprehensive.

The next section of the report highlights automated equipment and component adoption by geography. It provides a market outlook for 2015–2020 and sets the forecast within the context of the smart mining ecosystem, including automated equipment and component to build a complete picture at regional and country levels. This study discusses the key regional trends contributing to growth of the smart mining equipment and component market on a regional basis. Key regions/country assessed in this report include North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific Excluding Japan (APEJ), Japan and Middle East & Africa (MEA).

All the above sections, by automated equipment, by component and by regions, evaluate the present scenario and the growth prospects of the Global Smart Mining market for the period 2015 –2020. We have considered 2013 as the base year and provide data for the trailing 12 months.

Request to download and view full ToC @ https://www.futuremarketinsights.com/reports/smart-mining-market/toc

To calculate the Global Smart Mining Market Value Forecast, we have considered revenue generated from the sale of automated equipment and component (including hardware, solution and service availed). The forecast presented here assesses the total revenue by value across the Global Smart Mining market. In order to offer an accurate forecast, we started by sizing the current market, which forms the basis of how the Global Smart Mining market will develop in the future. Given the characteristics of the market, we triangulated the outcome of three different types of analyses, based on supply side, consumer spending and economic envelope. However, forecasting the market in terms of various automated equipment, component and region/country is more a matter of quantifying expectations and identifying opportunities rather than rationalising them after the forecast has been completed.

In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse on the basis of key parameters such as year-on-year (Y-o-Y) growth to understand the predictability of the market and to identify the right opportunities across the Global Smart Mining market.

As previously highlighted, the Global Smart Mining market is split into a number of sub categories. All the Smart Mining sub-categories in terms of automated equipment, component and region/country analysed in terms of Basis Point Share (BPS) to understand individual segments’ relative contributions to market growth. This detailed level of information is important for the identification of various key trends of the Global Smart Mining market.

Make an Enquiry @https://www.futuremarketinsights.com/reports/sample/rep-gb-512

Also, another key feature of this report is the analysis of all key Global Smart Mining market segments, sub-segments, regional/country adoption and verticals revenue forecast in terms of absolute dollar. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective in the Global Smart Mining market.

Furthermore, to understand key growth segments in terms of growth & adoption of automated equipment and component across regions/country, Future Market Insights developed the Global Smart Mining Market Attractiveness Index. The resulting index should help providers identify real market opportunities.

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
Tel: +1-347-918-3531
Fax: +1-845-579-5705
Website: http://www.futuremarketinsights.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Smart Mining Market : Digital Revolution to Transform the Mining Sector here

News-ID: 718496 • Views:

More Releases from Future Market Insights

Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Million by 2032
Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Milli …
The lithium-ion battery separator is a critical component in lithium-ion batteries, responsible for preventing short circuits and ensuring safe and efficient battery performance. It acts as a physical barrier between the positive and negative electrodes, allowing lithium ions to pass through while blocking the flow of electrons. With advancements in separator technology, these separators play a key role in enhancing battery capacity, cycle life, and overall safety in various applications,
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolstered by a Robust 7.1% CAGR from 2022
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolst …
The Industrial Drums Market is experiencing a steady and promising trajectory, with an estimated value of US$ 12.5 billion in 2022, projected to escalate to US$ 17.6 billion by 2027 at a commendable Compound Annual Growth Rate (CAGR) of 7.1%. This growth is substantiated by a 6.6% CAGR in volume during 2022-27, as per Future Market Insights. Anticipated to expand 1.5 times within this period, the market presents alluring prospects for industry
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of the Metal Cans Industry, Catering to Health-conscious and Environmentally-aware Consumers
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of …
The metal cans market is predicted to grow at a CAGR of 5% over the forecast period, according to research by Future Market Insights. The industry's estimated value is expected to increase from US$ 56 Bn in 2023 to US$ 91.1 Bn by 2033. The market for metal cans has been driven by the heightened demand for the product in food and beverages industry. Metal cans helps prolong shelf-life of perishable
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 with a 4.8% CAGR
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 …
The folding intermediate bulk containers (IBCs) market is on a growth trajectory, with an estimated value of US$ 418 million in 2022, projected to reach US$ 528 million by 2027, showcasing a Compound Annual Growth Rate (CAGR) of 4.8%. Remarkably, the China folding IBCs market defied initial pandemic-related skepticism and is anticipated to grow by 6.9% year on year in 2022. Despite global challenges, China's folding IBCs market is poised to contribute

All 5 Releases


More Releases for Mining

Mining Equipment Market by Type (Mineral Processing Equipment; Surface Mining Eq …
Asia-Pacific serves as the most productive region as compared to others with diverse industry verticals significantly investing in mining equipment. Moreover, various domestic players are investing in the mining sector, which is anticipated to boost the demand for mining equipment such as crusher, trucks, loaders, diggers, and others as to complete operations with reduced labor cost and high precision of work within optimized time. Furthermore, the surface mining equipment market
Mining Equipment Market by Type (Mineral Processing Equipment; Surface Mining Eq …
Asia-Pacific serves as the most productive region as compared to others with diverse industry verticals significantly investing in mining equipment. Moreover, various domestic players are investing in the mining sector, which is anticipated to boost the demand for mining equipment such as crusher, trucks, loaders, diggers, and others as to complete operations with reduced labor cost and high precision of work within optimized time. Furthermore, the surface mining equipment market
Coal Mining Market by Mining Technology, Underground Mining and Application with …
Coal has been a fundamental source of energy since many years. Presently, coal is majorly used to power generation, steel production, and as a fluid fuel. China accounts for majority of the total coal production across the globe. The report segments the coal mining market on the basis of mining technology, application, and geography. On the basis of mining technology, the market is bifurcated into surface mining and underground mining. Surface
Base Metals Mining Market in China to 2021| Zijin Mining Group Company, China Da …
Albany, NY, 1st November : Recent research and the current scenario as well as future market potential of "Base Metals Mining in China to 2021-Robust Consumption and Imports Expected in the Upcoming Years" globally. Summary GlobalDatas "Base Metals Mining in China to 2021", report covers comprehensive information on Chinas base metal (copper, nickel, zinc, and lead) mining industry, base metal (copper, nickel, zinc, and lead) reserves and grade, the historical and forecast
Coal Mining Market by Mining Technology {Surface Mining (Strip Mining, Auger Min …
Coal has been a fundamental source of energy since many years. Presently, coal is majorly used to power generation, steel production, and as a fluid fuel. China accounts for majority of the total coal production across the globe. Access Full Summary: https://www.alliedmarketresearch.com/coal-mining-market The growth of the Asia-Pacific coal mining market is driven by increase in usage of coal in steel manufacturing and electricity generation. However, stringent government regulations towards environmental pollution due
Mining Equipment Market Research|2018-2023| Surface Mining Machinery, Undergroun …
Mining Equipment Market report provides current, accurate, and reliable statistics of the Mining Equipment market with an in-depth analysis by industry experts along with projections to 2023 that will help you decide different strategies to boost your sales, decrease the operations cost etc. Mining equipment is used to extract various minable resources such as metals, coal, and minerals from the earth. Mining companies use mining equipment to extract mined products such